The gbpusd on weekly was created powerful bullish candlestick, it's really possible to created next powerful bull candle on next week.
But u need to be careful to buy because it will created shadow first before continue to be bull.
U can see my analysis on H1 and enter the buy when it's take retest on the trendline.
According to 200 EMA 1H, it's possible for EURUSD turned back to the bearish trend. If u have some patience to waiting for complete confirmation. U can enter the sell position when it's break the trend line, but if u are an aggressive trader. U can sell on the red zone.
Please take care of ur own money management, i won't take responsibility if u losing big money or mc
It is estimated that the bearish rising wedge will be breakout 1 or 2 weeks after the new year, so for now you can wait for it to form.
Disclaimer: I'm only here to analyze so I expect you to implement your own Money Management. Losses are not my responsibility, because I am a human, not a market.
There's Bullish Flag Continuation Pattern. U can entry a buy position after the price breakout the pattern.
Disclaimer : My analysis isn't always correct, so make sure to stick to your management.
I'm sure AUDUSD will continue the bullish trend, confirmed by the close of the H4 candle with a big bullish, but it still allows AUDUSD to still consolidate so you have to stay becareful.
Judging from the monthly it seems that EURJPY will be more in favor of bullish, this is supported by H4 which has breakout in the resistance zone, and will make it possible for resistance to turn into support and create a new Higher low.
Confirmation = big bullish at Weekly and H4 breakout
I'm sure now GBPUSD is in the overbought zone, so it's very possible to reverse. If you want to target tp2 make sure that you lock SL in a state of profit.
Take Profit
1.1.32401-1.32501
2.1.32001
Stop Loss
1. 1.33701-1.33801
